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  • Save-A-Lot breaks ground on new DC

    Lexington, N.C. -- Grocery retailer Save-A-Lot announced Thursday it will break ground on a new 325,000-sq.-ft. food distribution center in Lexington, N.C.

    The center is expected to open by December 2011. It is the result of collaboration with the state of North Carolina and its One North Carolina Fund, the North Carolina Department of Commerce, Davidson County and the City of Lexington.

  • Save-A-Lot opens food DC in Lexington, N.C.

    ST. LOUIS, Mo. — Save-A-Lot announced that it will break ground for a new 325,000-sq.-ft. food distribution center in Lexington, N.C.  The state-of-the-art center located in Lexington’s Business Center is expected to open by December 2011 and employ more than 40 employees initially with the potential for hiring additional employees once the facility is at full capacity.

  • Francis holds key to Canadian conundrum

    Conventional wisdom seems to be that Target will be as successful in Canada as it has been in the United States, following last week’s bombshell announcement that the company would enter the market via an acquisition. Target said it would acquire leasehold interests in 220 Zellers stores from the Hudson’s Bay Company, and during 2013 and 2014 it would open between 100 and 150 of the locations as Target stores.

  • Walmart Foundation donates $2 million to make food banks 'green'

    BENTONVILLE, Ark. — Walmart's philanthropic arm announced a $2 million donation to help food banks save money on energy bills.

    This funding, the Walmart Foundation said, will help 16 food banks "go green," by becoming more energy efficient through lighting, refrigeration or heating and air conditioning equipment upgrades.

    This initiative is a part of Walmart's commitment to fighting hunger. In May, Walmart and the Walmart Foundation announced a $2 billion cash and in-kind commitment through the end of 2015, including:

  • CVS Caremark names interim retail leaders

    Woonsocket, R.I. -- CVS Caremark said Tuesday that it has appointed its two highest ranking retail executives to jointly lead the company’s CVS/pharmacy business, effectively immediately.

    Mike Bloom, executive VP merchandising and supply chain, and Scott Baker, executive VP internal operations and real estate, will jointly manage the chain’s retail business until CVS completes its search for a new president.

  • A modest upswing in domestic expansion

    An announcement last week that Target plans to open 21 stores in the coming fiscal year was interesting on a number of levels.

    For starters, the disclosure was rather uncharacteristic for a company that in years past would publicly release its stores openings a week or two in advance of the actual openings. In this case, the company shared its full list of openings for the entire year two weeks before its new fiscal year even begins.

  • Retail container traffic to rise 8% in January

    Washington, D.C. -- Import cargo volume at the nation’s major retail container ports is expected to be up 8% in January over the same month last year, according to the monthly Global Port Tracker report released by NRF and Hackett Associates.

  • Starbucks eyes India

    New York City -- Starbucks Coffee Co. said Thursday that it signed a memorandum of understanding with Tata Coffee Ltd., an Indian coffee bean provider, which will allow Starbucks to source and roast coffee beans at Tata's Coorg, India facility.

    In addition, the deal will allow the companies to "explore the development of Starbucks retail stores in associated retail outlets and hotels," Starbucks said in a statement.

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